I've been tracking cities for a full year now and the results are in...
Top Markets where inventory is ⬆️ and sales ⬇️ Y-O-Y
Knoxville 24.94%/ -18.10%
Denver 12.32%/ -6.80%
Austin 9.85%/ -5.10%
Nashville 5.54%/ -6.60%
Atlanta 5.43%/ -4.7%
Hon Mention - Miami 2.00%/-13.9%
@jgpuck99 @GMillerMortgage @biancoresearch I’d love for the asset values to come back in just like anybody else, but to want deflation or a 6% 10yr would be damning for everybody. Nobody would be safe.
@JulieChangRE I would normally agree until your turns require two coats of paint, effectively doubling your turn costs because you’re using a lower quality paint.